Spotify Closes Above $400 for the First Time, Pushing Valuation Past $80 Billion
#image_title

Spotify Closes Above $400 for the First Time, Pushing Valuation Past $80 Billion


Share this post

Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.


Share this post
Comments

Be the first to know

Join our community and get notified about upcoming stories

Subscribing...
You've been subscribed!
Something went wrong
US Senator Lindsey Graham dies aged 71 after 'brief and sudden illness'

US Senator Lindsey Graham dies aged 71 after 'brief and sudden illness'

US Republican Senator Lindsey Graham has died following a brief and sudden illness. His office has released a statement saying he died on Saturday evening. "Senator Graham's family appreciates prayers at this time and asks for privacy during this incredibly difficult period." Elected to the US Senate in 2002, the South Carolina politician was one of Washington's most influential voices on defence and foreign policy and a key ally of US President Donald Trump.  Graham also served as Chairman o


O A

Jaÿ-Z Opens Yankee Stadium Concert With Video of Beyoncé Cutting His Hair

Jaÿ-Z Opens Yankee Stadium Concert With Video of Beyoncé Cutting His Hair

Jaÿ-Z kicked off his "Reasonable Doubt" 30th anniversary concert series with a snip-tease -- with Beyoncé giving his hair a trim in the stands of Yankee Stadium! Jay-Z starts the 30th anniversary show with Beyoncé cutting his hair 🚨🚨🚨🚨🚨 pic.twitter.com/chKzaWKbDC — Ahmed/The Ears/IG: BigBizTheGod 🇸🇴 (@big_business_) July 11, 2026 Check out the clip -- the buzz was shown before the rapper took the stage Friday night ... and fans went wild as they watched the superstar tidy up her man'


O A

Meagan Good Is Not Pregnant, Viral Baby Bump Photo Is Doctored

Meagan Good Is Not Pregnant, Viral Baby Bump Photo Is Doctored

Meagan Good is pushing back against a wave of pregnancy rumors that spread online after a manipulated image appeared to show the actress with a baby bump. According to TMZ, the claim is completely false. Sources close to Good confirm that she is not expecting a child. The image that sparked the speculation was not an authentic photograph. Instead, it was an altered version of a paparazzi shot originally taken in 2015. The edited picture quickly gained attention across social media. As a result,


O A

Cardi B Fuels Dating Buzz With Nigerian Goalkeeper Maduka Okoye After Stefon Diggs Breakup

Cardi B Fuels Dating Buzz With Nigerian Goalkeeper Maduka Okoye After Stefon Diggs Breakup

Cardi B’s time in Paris has once again placed her personal life under a microscope. This time, the rapper was seen alongside Nigerian soccer goalkeeper Maduka Okoye during Paris Fashion Week. The appearance came months after her public split from NFL star Stefon Diggs. This added another layer of interest to a period when fans have closely followed her next moves. Neither Cardi nor Okoye has addressed the nature of their connection. However, their interaction quickly became a subject of online c


O A